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the fiscal cliff. right after the election wall street dropped 5% when everybody suddenly focused on the fiscal cliff and realized that this was a problem. but since then it's kind of bumped along at this sort of level. i don't think wall street is at all sanguine about the idea that if we went over the fiscal cliff, life would go on as we know it and everything would be fine. >> one of the things that was really interesting to me to bear out that point is ken conrad yesterday who's been so down, i mean, he's leaving the senate. he's done this for seven years. they can't produce deals. and yesterday when i interviewed him, joe, he said i think we're going to make this. i think the boehner offer had significant indicators that something here is going on, and they're going to come together. >> also, kent conrad, a guy -- i've loved him for a long time, deficit hawk. they haven't allowed him to put a budget out for years. he's growing frustrated. i'm sure he's going to be glad to leave. but i was surprised by that as well. you see also, sam stein, republicans are now starting to real
about even out on the campaign trail and the white house believes that, you know, the president was re-elected on that message, so the majority of americans agreed with him, and so this is really a nonstarter for democrats and for the president. they believe that the only way to really pull in revenue here is to go after wealthy americans, majority of americans won't be impacted. he wants those bush era tax cuts extended for middle class americans but believes that those upper income americans need to pay more. republicans though are resisting because they believe that what you're doing here is penalizing the very people who are the job creators, the ones who are sitting on the sidelines and won't invest, and if they have their taxes go up, they'll be impacted, won't be able to put more money into the economy, won't be able to help turn the economy around. so that really is sort of the big sticking point. the white house refusing to budge from it at this point. we'll see where it goes in the next coming days. >> topic two, that is that the president is meeting with the leaders of the national
for district 7 supervisor will not move for with a recount. they say is simply too expensive. elections director john arntz estimates it will cost roughly $80,000 to manually we count the more than 35,000 ballots cast in the election. every town has never been dozen san francisco instituted ranked joyce boating eight years ago. >> california's pushed to go brink across state power customers. a report by little hoover commission show said energy companies are well on their way to meeting their goals to obtain a third of their electricity from renewable sources such as wind and solar by 2020. the report concludes californians may wind up paying more than necessary for electricity and the state may unnecessarily degrade preston habitat in its rush to implement is renewable energy goals. >> coming up on kron 4 news we will have more information on the weather. the temperature right now is 51 degrees and it has got a little bit chillier. you won't take my life. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees
cast in this election. norman yee is the official supervisor of district 7. it stretches from mount sutro to the seven cisco's to. >> a woman in a wheelchair is recovering this morning after being run over by muni try and last night. she is hit by the f market trend around 530 near the intersection of church and market streets. police are still trying to figure out if she leaned forward towards a train or she fell out of her wheelchair. as soon as people saw her and she was being dragged and trapped underneath the train. they had the is a special tool to raise the train and pull her out from underneath. she is taken a san francisco general with life-threatening injuries that she is recovering from this morning. it is seven of 11:00 a.m. and a live look outside it does not look too bad outside but it does look like it will rain. we will have details and a couple of minutes. the 715 a m and a live look here at storm tracker 4. most of this wet weather is in ukiah stretching as far as chico. it looks like is making its way closer to santa rosa. this is a slow- moving system but i do an
would note that the president was in cam cambodia after the election, and then he was in burma, and secretary clinton moves throughout the region as well as secretary panetta, and the amount of activities i do and my forces do is a prompt jump than what we did in the past, and we're looking for opportunities to do more exercise. we are doing more of those things already, and that's viz l to the allies. i think it's visible to the partners, and i feel it visible to the region. we oftenment to jump to, well, where's the next aircraft carry your or the submarine. that's the signal. we will, over time, as you've heard secretary panetta say, rebalance towards the pacific, and i mentioned opening remarks. we're rapidly moving the most capable assets into the region because of the ballistic missile defense threats we face and those things, so it's about a holistic approach, and what i do on the military side is just one aspect of it. it's got to be tie into the economic side, what's happening in the diplomatic side, and so we're working hard that accomplishes this strategy. >> a quick
profile since the election spending time with his family at their california home. the romney and marriott families are close. in fact mitt romney whose first name is willard was named after the hotels founder john willard marriott. >> it is a high resolution so in a high-profile case. george zimmerman stiffest in releasing a picture taken february 26th by police officer after trayvon martin was shot and killed. you can see the photo here with a bloody face. zimmerman is charged with second-degree murder in the 17 year-old death. he says he was on a neighborhood patrol and was acting in self-defense. but in florida steady your ground lost to the test. defense attorney mark o'meara says the photo was originally given to them in the discovery phase as a black-and-white copy of the picture. the defense then axed for this color version. zimmerman is expect to go on trial in june. we will take a break the kron 4 news will continue here is a look at the golden gate bridge outside. the roads are a dry for now but erica is reminding us we are expecting rain today. she will be back with the timing
health care was in the news and also, of course during the last stages of the election. >> this is the first time you've chosen words the year, right? two words paired. >> what we see is that socialism had larger number of look ups but what we saw when people looked up socialism they went and compared that definition with capitalism and i want shows really a pairing of a kind. >> what were the runner up? >> there were runner ups that came from the election also. the word malarky. one of the biggest spikes when vice president biden used that. schadenfreude, the german word for damage and joy, taking pleasure in somebody else's sadness. and the word meme because of all the internet meme that came out of the deaf bait, hillary clinton's texting earlier in the year. >> think it's so interesting that socialism and capitalism came up as the words the year because the president was branded as a socialist so people were looking to the actual definition. clearly you saw a huge uptick in online searches. >> what's great about having the dictionary online the data floss two ways.
re-election campaign that we would not reach that point but we're -- but we're certainly getting closer. we just learned the president is rejecting the latest counteroffer from republicans. democrats believe they can force republicans to vote on tax increases. house minority leader, nancy pelosi, could be filing the necessary paperwork in a couple of hours. reporting live from washington, d.c., alison burns, ktvu channel 2 news. >>> 7:15. right now, president obama is meeting with a bipartisan group of governors at the white house. reportedly, the governor has requested the meeting with the president. they want to urge president obama to work with congress on a solution to the fiscal cliff. in the afternoon, the same group of governors will meet with john boehner. california governor jerry brown is not among the group. >>> 7:15. the owner of the drake's bay oyster company is plotting a legal response to the federal decision to shut down his operation. he said he will not give up. the operating permit expired last month at the national seashore. the company was told it will have t
was in a san francisco courtroom to face charges for taking a photo of an elected official in a bathroom. the blogger pleaded not guilty to misdemeanor disorderly conduct yesterday after posting a photo of supervisor scott wiener inside a city hall bathroom last october. there's the photo. the blogger often criticizers scott wiener on political issues. his attorney says the photo does not overstep any boundaries. >> we'll be fighting this case and think that despite the fact that the photograph was taken, we're talking fundamentally about a photograph of a gentleman at a sink. >> scott wiener says the photo is an invasion of privacy. the blogger is ordered to stay 150 yards awayed from supervisor. the blogger is due back in court on january 7th. >>> there's some delays at sfo, tara. >> yeah, we have some flights running 15 minutes behind schedule. so check with your carrier before you live. >>> this is the east shore freeway. traffic is flowing nicely there side as you make your way to the macarthur maze. we've had backup since 6:00 this morning so give yourself some extra time. 237, mil
Search Results 0 to 8 of about 9